OTIV develops assistive and autonomous driving technology specifically for the rail industry. Their solutions enhance operational safety, improve cost-efficiency, and increase fleet availability for railway undertakings and infrastructure managers. The company offers systems ranging from driver assistance to full self-driving capabilities to modernize rail operations.
Funding
$995.7K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
IISIFounders
Product
Problem
Current rail operations face challenges in safety, efficiency, and cost-effectiveness due to manual processes and limited visibility, especially in complex environments like shunting yards and urban areas. These inefficiencies lead to increased incident rates, higher maintenance costs, and suboptimal utilization of rail infrastructure and personnel.
Solution
OTIV develops and deploys AI-powered systems for assisted, remote, and fully autonomous railway operations, addressing critical safety and efficiency gaps in the rail industry. Their solutions range from camera systems for shunting operations to advanced driver-assistance systems (ADAS) for mainline rail, and remote supervision and control centers. By providing enhanced visibility, real-time data analysis, and automated control, OTIV enables rail operators to improve safety, reduce incident rates, optimize fleet utilization, and enhance working conditions for employees. The technology facilitates a transition from traditional manual operations to more efficient and sustainable autonomous systems, improving the overall cost-efficiency of rail transport.
Target Audience
OTIV's primary customers include industrial companies, railway undertakings, infrastructure managers, and OEMs in the rail industry, specifically those involved in industrial rail, urban rail, and mainline rail operations.
Features
- **OTIV.ONE:** A portable camera system with a 200° field of view, industrial-grade 4G/5G connectivity, and magnetic mounting for shunting operations, improving visibility and safety in all weather conditions.
- **OTIV.TWO:** An advanced driver-assistance system (ADAS) that uses cameras and LiDAR to provide forward collision warnings, active braking, and speed monitoring for urban rail vehicles.
- **Remote Supervision & Control Center:** A system that increases productivity, provides a better working environment for drivers, and helps optimize operational flows.
- **Full Self-Driving Technology:** Perception system that guarantees safety, increases efficiency, and unlocks the potential for 24/7 operations.
- Modular design allowing for easy adaptation and extension to match specific fleet requirements.
- Optional modules for traffic light detection, overspeed detection, and energy usage optimization.
- Data encryption and secure storage for incident reporting and analysis.